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Holcomb calls for speeded-up pension payments to free up money for teacher pay

JANUARY 15, 2020 | by Eric Berman | WIBC 93.1FM (INDIANA)

By Eric Berman, includes “For a second straight year, Governor Holcomb is proposing to free up money for teachers by paying down pension debt. In his State of the State address, Holcomb announced he'll ask next year's legislature to pour an extra quarter-billion dollars into the Teachers Retirement Fund. That will give budgeters an extra $50 million a year to work with for the next five years, with a smaller windfall beyond that from the pension fund's expanded investments. …”

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